economy grew so loud rapidly, germany and japan took off after world war ii to read these conflicts to strip a network of interest groups that might have blocked the development. obviously we don't want to have the board with interest to the system. but a political people can change in the party regime could accomplish that as the sun. this man is one of the contributions of america's party revolutions. they clean up the interest rate system thereby eliminating roadblocks to reform, expansion and the dynamism. ladies and gentlemen, let me see what else i have here. that's a chart on productivity. obviously going down from the 50's and 60's -- again if we have a declining work force for people that are retired you can make up with that. it's highly productive that isn't really happening in america. they have a blood and the internet revolution. but that is burned off as quickly. it shows the distribution by income groups and shows that i think the top 1% and a share of the growth of gdp coming and again we have the same thing going on. in the current period to read as we are boarding to